Ally Financial bolsters Vroom’s floorplan facility


Ally Financial has extended Vroom’s floorplan line of credit to nearly double its former amount as the online used-car retailer looks to continue its growth trajectory in 2022. The floorplan line of credit, which is scheduled to expire Sept. 30, 2022, was increased to $700 million, up from the original $450 million, Vroom announced Monday. […]

Source : AutoFinanceNews